How I Help

Transforming your finances in 5 steps

Step 1: INTRODUCTION

An initial meeting where I find out about you and your business, and where I can answer any initial questions you may have. We also formulate an action plan and agreement.


Step 2: ​FINANCE HEALTH CHECK (F.H.C.)

The Financial Health check is a snapshot of where your business is at that present moment and covers:

  • The Finance Team & Structure.
  • The Finance Systems & Procedures.
  • Finance Resources.
  • The Relationship between Finance and other Departments in the Business.
  • Knowledge & Understanding of Finance throughout the Business.

How it Works:

  • This can either be done remotely, or at your offices and includes:
  • Speaking with yourself and any business partners or directors to see where you think the business is financially, and to see what your plans are for the future.
  • Connecting with your finance team to see how they are currently working, and if they have any comments on changes they would make.
  • Current finance staffing levels and performance.
  • See what the current financial systems and procedures are and how effective and efficient they are.
  • An assessment of the current financial statements.
  • Speak to managers of other departments, including account managers to see if the current systems work for them and are being used properly.
  • Highlight any training requirements.

Step 3: REPORT

I compile a report based on my findings, which is split into the following sections (these may vary):

  • Finance Systems.
  • Automation of Finance Procedures.
  • Finance Team.
  • Account Teams.
  • Working Together.
  • Business Growth.

Each section is split into the following subsections:

  • Time Implications.
  • Cost Implications.
  • Health Implications.

I give each section a rating:

GOOD – Areas that are working brilliantly, or working well but may need a bit of tinkering.
BAD – Areas that are not performing well, and need improvement.
UGLY – Areas that are not working and/or include terrible practices that need urgent attention.


Step 4: IMPLEMENTATION

We create an action plan for implementing the recommendations made in the report.

Step 5: GOING SOLO

Once the plan has been fully implemented and running smoothly it is over to you and your team. I will keep in close contact with you for continued support for as long as needed.

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